With foreign investors preferring an alliance route to expand their operations in India, the choice of tie-up with the right local business partner is of critical importance

Strong alliance partner reduces business risks and creates long-term value

  • Commercial real estate segment has continued to witness healthy growth despite some challenges being faced in the residential segment. Strong demand for office spaces from IT / ITeS, BFSI and co-working operators has encouraged developers to continue launching new projects which are witnessing healthy leasing rates and pre-commitments across major regional markets.
  • Japanese strategic investors are looking to partner with established office developers to enter the attractive Indian market with a long-term view.

Case: Performed commercial due diligence on an Indian real estate developer

  • NRI supported one of Japan’s leading real estate company in building an investment case for an Indian commercial real estate segment.
  • We evaluated suitability of the identified partner in terms of business operations, markets and customers, financial performance, promoters, leadership team and competitive strength assessment.
  • NRI extensively gathered insights from market insiders and technical experts to identify key strengths and potential red flags.

Commercial evaluation of potential partner